City: Atlanta
Associated Estates Buys Two Luxury Apartment Communities
June 20, 2000 CLEVELAND – Associated Estates Realty Corp. (NYSE: AEC) has purchased a 272-unit luxury apartment community in Riverside, Calif., on behalf of one of its pension fund clients. Associated Estates would not disclose the price or its client. ...
Blackstone, Hines Team Up to Develop Atlanta Offices
June 20, 2000NEW YORK – Blackstone Real Estate Advisors and Hines are forming a venture to develop a site in Atlanta's Buckhead section. Blackstone had purchased the site in 1998, but held off developing it. It says now is the ...
Infocrossing to Redevelop Atlanta Property into Internet Center
June 8, 2000LEONIA, N.J. – Infocrossing Inc. (Nasdaq:IFOX) will convert a 52,000-square-foot facility at the Bay Colony Business Center in Atlanta's Norcross suburb into an Internet data center.The center is slated to open in the fall. It is the first ...
Winter Properties Plans Revitalization of Atlanta Area
June 6, 2000 ATLANTA – Winter Properties Inc. plans to construct a 150,000-square-foot office building above an 817-space parking deck as part of a plan to revitalize about five city blocks in the Means Streets area of downtown Atlanta.The estimated ...
Atlanta Industrial Developer Sets Sights on Office Sector
M.D. Hodges, which has historically focused on the industrial sector in Atlanta, is making a push in the office market. The company is in the midst of developing a large office complex in Gwinnett County.
ProLogis to Build Industrial Park in Atlanta
May 9, 2000 ATLANTA – ProLogis (NYSE:PLD) is planning to develop a 54-acre industrial park, ProLogis Park Breckinridge, in northeast Atlanta.The complex will support four distribution facilities totaling 550,000 square feet.ProLogis plans to develop two inventory facilities and hold the ...
First Union Provides $22.5 Mln of Financing for Atlanta Apartments
May 4, 2000 ATLANTA – First Union National Bank has provided $22.5 million of construction/permanent financing for an Atlanta apartment complex that Roberts Realty Investors Inc. (Amex:RPI) is developing.The loan carries a fixed rate of 8.62 percent and term of ...
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